Author: NBTC

On-chain revenue has grown to $20 billion in 2025, driven mainly by decentralized finance (DeFi) platforms, according to a new report by crypto investment firm 1kx. Users paid roughly $9.7 billion in on-chain fees in the first half of 2025, up 41% from the same period last year and the highest H1 total on record. DeFi accounted for 63% of all fees, led by trading activity on decentralized exchanges (DEXs) and derivatives platforms. Onchain Fees Despite this growth, 2021 remains the historical peak, though on-chain fees have grown more than tenfold since 2020, representing a compound annual growth rate of…

US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Summary S&P 500 gained 0.6% and Nasdaq soared 1.2% as US stocks opened higher on Friday. Apple and Amazon stocks jumped 2% and 12% respectively following their earnings reports. Wall Street is up after shedding gains on Thursday. Stocks closed lower on Thursday as risk assets shed gains following this week’s Federal Reserve chair Jerome Powell’s comments. The S&P 500 fell 1% and Nasdaq led the rout with -1.6%. Dow…

Some of the most prominent names in the crypto industry are among those footing the bill for the controversial White House ballroom construction that began in recent days with the leveling of the historic East Wing. But even as Democratic Senator Richard Blumenthal is asking them to explain their connection to the project, they’re mostly avoiding the spotlight. CoinDesk asked crypto companies on the long list of Trump’s private-sector benefactors to comment on their support and their intentions to respond to the senator’s probe, but only a spokesperson for Coinbase responded. Ripple, Tether and Gemini, whose co-founders Tyler and Cameron…

MetaMask spent years as the default gateway to Ethereum, the browser extension that turned “connect wallet” into muscle memory for millions of users. Now Consensys is betting that same reflex can work across blockchains. In late May, MetaMask flipped the switch on native Solana support, letting its 30 million monthly active users manage SOL and SPL tokens without installing Phantom or any other Solana-first wallet. Bitcoin support sits somewhere on the 2025 roadmap, initially slated for the third quarter but not yet shipped. If it lands, MetaMask will become the first primary wallet to natively support Ethereum, Solana, and Bitcoin.…

On-chain analysts have spent the past few days scrutinizing a web of decentralized finance (DeFi) yield farming projects which collectively claim $950 million worth of total value locked (TVL). Criticisms levelled at the projects include that they recursively lent funds between one another’s assets to inflate TVL, and the lack of transparency over the positions held. Some have also raised doubts over the ability to unwind positions safely in order to secure the backing of their yield-bearing stablecoins, especially in the event of a liquidity crunch like that of October 10, 2025. DeFi daisy chain Projects such as YieldFi and…

Heather Morgan, one of the married duo sentenced in the Bitfinex hack, leapt back into social media last week after getting out of prison, and the would-be rapper known as “Razzlekhan” touted the aide of President Donald Trump in her early release. But a White House official told CoinDesk that it had nothing to do with a commutation of her sentence. That, despite a video she posted from her bathtub over the weekend, saying, “I want to give a shoutout to Papa Trump for making my 18-month sentence shorter,” which seemed to have spurred online media reports that the president…

Alchemy Pay has expanded the reach of its fiat on-ramp, adding support for Falcon Finance’s tokens and making it possible for people to buy the protocol’s governance token $FF and its USD-pegged synthetic dollar $USDf directly with fiat. The payments gateway’s short social post, “Bridging traditional markets with onchain liquidity,” pointed users to its purchase portal as the easiest route to convert local currency into those on-chain assets. Falcon Finance positions itself as a “universal collateralization” layer in DeFi: a system that lets holders post a wide range of liquid assets, from major cryptocurrencies to tokenized real-world assets, and mint…

Tether, which has cozied up to president Donald Trump through Secretary of Commerce Howard Lutnick, who previously assisted the stablecoin with acquiring US treasury notes, and its CEO Paolo Ardoino who was invited to the presidential residence at least twice, is now helping to tear down the East Wing of the White House. Alongside the stablecoin giant, 36 other corporate donors are helping to feed into Trump’s narcissistic tendencies by paying for him to build his overly-extravagant ballroom, including Google, Apple, Microsoft, Coinbase, and Ripple. Also donating is the former senator and CEO of the Intercontinental Exchange, Kelly Loeffler. Tether…

The War on Bugs development team has released a major update to enhance mobile usability, deepen core gameplay systems, and lay the foundation for its upcoming deployment on the Neo X MainNet. The release includes a rework of the Space Shooter arcade game, a new daily challenges system, and a full redesign of the game’s primary menu, now presented as the “Professor Dashboard Lab.” Alongside these gameplay improvements, the team has reiterated its development priorities for the coming weeks. These include finalizing game balance ahead of Neo X MainNet integration and preparing for the Limited Edition Legendary NFT card collection launch. According to…

Amazon Web Services’ (AWS) latest outage on Oct. 20 has sparked debate over decentralized alternatives and hybrid strategies for resilience. The outage lasted several hours and disrupted major websites and apps, including Robinhood. Experts say it highlights the fragility of today’s internet, where a few centralized cloud providers dominate. AWS holds 30% of the global cloud market, ahead of Microsoft Azure at 21% and Google Cloud at 12%, giving the three more than 60% of total cloud share, per Statista. “The vast majority of data making up the websites we use every day sits in data warehouses owned by just…